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Alumilite Architecturals Limited IPO (Alumilite IPO) Detail

Jun 24, 2019 - Jun 28, 2019

Incorporated in 1982, Alumilite Architecturals Limited is an infrastructure facilitator offering engineering, installation, designing and fabrication services for the principal elevation of the buildings. The company work for hospitality industries, educational institutes, shopping complex, multistoried real estate projects, SEZ projects, public utility facilities, entertainment parks, and sports complex for corporate and government projects.

With the changing architectural concept in India, the company is working towards providing low maintenance, light and elegant products to meet the esthetics design and advanced technology requirements.

The contracts of the company are built to order basis to make the products based on specifications and requirements of the customers. It also imports many accessories and raw materials to meet the high standard of products demanded by the clients.

The manufacturing facility of Alumilite Architecturals is located at Bhiwandi, Thane (Mumbai) to offer aluminium virgin, aluminium semi and aluminium manufactured products made of aluminium and aluminium alloys. Apart from this, the company has its own vehicle to carry fabricated materials, transport glass and profiles without damage.

The competitive strength of the company are:

1. Strong customer base
2. Financial flexibility
3. Advanced technology
4. Experienced manpower and management team

Company Promoters:

Mr. Shivkrishna Harakhchand Damani and Mr. Varun Damani are the promoters of the company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 7,246.79 6,543.09 6,186.12 5,174.76
Total Revenue 1,618.27 3,052.71 3,322.94 2,036.76
Profit After Tax 258.14 282.92 122.96 54.53

Objects of the Issue:

The Objects of the Issue is to raise funds for:

(a) Funding Working Capital Requirement;
(b) Repayment/pre-payment, in full or part, of unsecured loans availed by the Company; and
(c) Funding expenditure for General Corporate Purposes.

Alumilite IPO Details

Issue OpenJun 24, 2019 - Jun 28, 2019
Issue TypeFixed Price Issue IPO
Issue Size3,828,000 Eq Shares of Rs 10
(aggregating up to Rs 11.48 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 30 Per Equity Share
Market Lot4000 Shares
Min Order Quantity4000 Shares
Listing AtNSE SME

Alumilite IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding64.97%

IPO Notices

External Link

Withdrawal of initial public offer by Sudarshan Pharma Industries Limited

The Company has decided to withdraw the application made for SME IPO on NSE Platform. The entire application money will be refunded forthwith.

Alumilite IPO Subscription Status (Bidding Detail)

Alumilite IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

1,818,000

1,818,000

3,636,000

Jun 28, 2019 17:00

1.48x

0.68x

1.08x

Alumilite IPO Prospectus

Alumilite IPO Rating

16
2.4
Rating:Rated 2.4 stars

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Alumilite IPO Reviews / Ratings

Company Contact Information

Alumilite Architecturals Limited
5 th Floor, Dhiraj Chambers,
9 Hazarimal Somani Marg,
Mumbai - 400 001

Phone: +91 22 4092 4444
Email: cs.vaibhav@aa-pl.in
Website: http://www.aa-pl.in/

Alumilite IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

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Alumilite IPO Review / Comments

avatar
3. GrowYourMoney  Jun 28, 2019 21:55 I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Finally sailed through
avatar
2. GrowYourMoney  Jun 25, 2019 10:07 I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
White organic seem to be technical IPO only
Don't think Investors put money there
avatar
1. Small Investor  Jun 21, 2019 10:50 I Like It. 1 | Report Abuse Reply
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Worst LM but last Issue White Orgn.given good return so far



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